Socioemotional wealth and family firm performance: A meta-analytic integration

被引：45

作者：

Davila, Jessenia ^{[1
]}

Duran, Patricio ^{[2
,4
]}

Gomez-Mejia, Luis ^{[3
]}

Sanchez-Bueno, Maria J. ^{[1
]}

机构：

[1] Univ Carlos III Madrid, Dept Business Adm, Calle Madrid, 126, Getafe 28903, Madrid, Spain

[2] Univ Richmond, Robins Sch Business, 102 UR Dr, Richmond, VA 23173 USA

[3] Arizona State Univ, WP Carey Sch Business, TEMPE Campus, Tempe, AZ USA

[4] Univ Richmond, Robins Sch Business, Richmond, VA 23173 USA

来源：

JOURNAL OF FAMILY BUSINESS STRATEGY | 2023年 / 14卷 / 02期

关键词：

Meta; -analysis; Performance; Socioemotional wealth; SEW dimension; Family firm; BEHAVIORAL AGENCY; CORPORATE GOVERNANCE; NONFAMILY FIRMS; MODERATING ROLE; OWNERSHIP; CEO; INVOLVEMENT; SUSTAINABILITY; COMPENSATION; INSTITUTIONS;

D O I：

10.1016/j.jfbs.2022.100536

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study conflicting arguments and empirical findings of the socioemotional wealth (SEW)-family firm per-formance relationship using meta-analysis. We add to the debate by questioning: First, how do major managerial decisions (strategic choices, corporate governance, and non-family stakeholder orientation) play a mediating role in the SEW performance link? Second, how do specific five SEW dimensions act as moderating variables in the SEW-performance link? We show a positive relationship between SEW and performance. Hence there is no ev-idence that the pursuit of family SEW occurs at the expense of financial utility. Furthermore, we find that major managerial decisions mediate the SEW-performance relation.

引用

页数：13

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